Might make a good hold until you die, or eventually turn it in to your retirement home type property. 

Sounds like the opposite type of person you want in your asset.  

Hey Amanda, If these are residential properties, then you have 2 options for refinancing - 1) Conventional - Takes your income + debt and thats how you qualify. 2) DSCR: Takes the monthly rent - payment and thats how you qualify, pretty simple.If these are commercial, then you will have different options as it depends on the type of asset they are and cashflow. 

What type of brokerage were you working with?

And as I said in a previous post, you may have to go back multiple years to find new builds in the urban area and compare them to resales and see if you can estimate a value difference.There is no easy way to do this in that complex situation and many appraisers, IMO, are not skilled or educated enough to do that type of deep-dive analysis, and/or do not get paid enough (in the current appraisal climate) in order to take the proper time and use the proper tools to do what's required.

@Jason BoritzYou’re totally right you need to invest in the right type of property.

Happy to point you in the right direction, I've worked with different types of lenders and you just have to find someone that understands your scenario.

The type of property you buy is also important, as well as the cost. 

From what I see in your post, the only issue thus far is expecting 20% down on an undesirable collateral type to most lenders...Cheers!

I don’t know what to look up or what to type when it comes to understanding how each city is doing when it comes to RE and/or what to look for.